Questions: quick - asset

quick - asset
Transcript text: quick - asset
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Solution

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The answer is: quick - current

Explanation: The quick-current ratio, also known as the acid-test ratio, provides a more conservative measure of a company's ability to pay its current liabilities from current sources. This ratio excludes inventory from current assets, focusing only on the most liquid assets such as cash, marketable securities, and receivables. This makes it a more stringent test of liquidity compared to the current ratio, which includes inventory.

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